Baruch College Hosts Discussion on: Mr. New York: The Lew Rudin Legacy

Speakers to Include: Former NYC Mayor David Dinkins, Bill Rudin, Seymour P. Lachman,  and Jay Kriegel

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NEW YORK, NY - March 20, 2014 The Steven L. Newman Real Estate Institute at Baruch College and its media partner Real Estate Weekly, will host an event on March 31 to honor the late Lew Rudin, one of New York City’s greatest real estate icons.

The event will feature a discussion with his son, Bill Rudin, Vice Chairman and CEO of Rudin Management Company, Inc., and Seymour P. Lachman, former New York Senator, historian and author of, “Mr. New York: Lew Rudin and His Love for the City.” Former NYC Mayor David Dinkins and Senior Advisor of Related Companies, Jay L. Kriegel, will be the keynote speakers.

“This will be a case study profiling a man who helped save the city when it was on the brink of bankruptcy," said Jack S. Nyman, Executive Director of The Newman Real Estate Institute.“It will provide candid and unique insight into the courageous initiatives Lew took to ensure that the city and its real estate industry not only survive, but continue to thrive as a global leader.”

Lew Rudin is best known for his civic life. He helped raise $600 million for the city in 1975 by persuading other developers and corporate leaders to prepay property taxes, saving New York from fiscal disaster. In the 1980’s, Rudin also organized a national coalition to defeat a proposal to abolish deductions of state and local taxes from federal taxes, which he feared would cause corporations to move out of New York. He also co-founded the Association for a Better New York, which helped to strengthen the city’s prosperity, launched the “I Love New York” ad campaign, played an active role in marketing the New York Marathon, U.S. Open and landing of the Concorde at JFK, and earned Rudin the nickname “Mr. New York.”

“There is no question that Lew Rudin, as head of his family and as a frequent fiscal savior of the city, is a model for real estate textbooks,” said Nyman.

The Rudin Management Company, founded in 1924, is a third generation real estate dynasty that has acquired more than 40 commercial and residential buildings, including two of the most technically advanced in the world, 3 Times Square and 32 Avenue of the Americas. It is ranked as one of the largest and most respected privately owned portfolios in the city. Through Lew’s son Bill’s leadership, the company also revitalized and established a high-tech center in downtown Manhattan in the 1990’s.

“Through multi-generations, the family has contributed immeasurably to the industry, the culture, and character of our city,” said Nyman. “This event offers a rare opportunity to learn of the Rudin family’s history and to appreciate how important urban commitment is. As we are currently going through an administration change, the time is right for a renewal of action and hope to rebuild our city. The promise of tomorrow rests on this model of leadership, vision, commitment and passion, all important ingredients in building economic wealth and maintaining New York’s global competitiveness.”

EVENT DETAILS:

WHAT: "Mr. New York: The Lew Rudin Legacy

WHEN: 7:30 a.m. - 10:30 a.m., Monday, March 31, 2014

WHERE: Information & Technology Building, The William and Anita Newman Conference Center,    151 East 25th Street, Room 750

RESERVATIONS REQUIRED: Free and open to the public. Click here to register

INFORMATION: Sara Hilska Taylor, sara.hilskataylor@baruch.cuny.edu, (646) 660-6950

 

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About The Steven L. Newman Real Estate Institute:
The Steven L. Newman Real Estate Institute at Baruch College offers a wide range of educational and research opportunities to broadly address the needs of the real estate industry. The Institute is part of the Zicklin School of Business, the largest accredited collegiate school of business in the United States, and offers professional education courses and workshops to train current practitioners, as well as the next generation of real estate professionals, helping them succeed in, and contribute to, a dynamic and fast-evolving marketplace. As Executive Director of The Steven L. Newman Real Estate Institute, Jack S. Nyman leads operations, strategic planning and industry partnering; and guides professional development and continuing education programming, topical research, symposia and public events. Under his direction, the Institute has achieved national recognition as an industry provided of cutting edge programs to inform real estate asset managers on cost effective strategies for portfolio optimization. Individuals, academics, students, corporations, nonprofits, and government agencies all benefit from the programs offered by the Institute.

 

About Baruch College:
Baruch College is a senior college in the City University of New York (CUNY) with a total enrollment of more than 17,000 students, who represent 160 countries and speak more than 100 languages. Ranked among the top 15% of U.S. colleges and the No. 5 public regional university, Baruch College is regularly recognized as among the most ethnically diverse colleges in the country. As a public institution with a tradition of academic excellence, Baruch College offers accessibility and opportunity for students from every corner of New York City and from around the world. For more about Baruch College, go to http://www.baruch.cuny.edu/.


MEDIA CONTACTS:
Manny Romero, (646) 660-6141, manuel.romero@baruch.cuny.edu
Mercedes Sanchez, (646) 660-6112, mercedes.sanchez@baruch.cuny.edu
Celene McDermott, (646) 660-6134, celene.mcdermott@baruch.cuny.edu